Many friends in Sanya want to know how the Sanya provident fund loan amount is calculated. In this article, I have compiled relevant knowledge about Sanya provident fund loans and how to advance.

1. Sanya provident fund loan application conditions

1. The applicant must have paid and deposited the housing provident fund normally for more than 6 months (inclusive) and the personal housing provident fund account must be in normal payment status. Keep a deposit balance of no less than 6 months (6 times the current monthly deposit amount), and forms such as back payment and lump sum payment are not considered continuous deposits.

2. Have stable economic income and the ability to repay the principal and interest of the loan on time, and have full civil capacity. Typically, the average monthly income of the applicant (and his/her spouse) should be greater than or equal to twice the monthly repayment amount.

3. Purchase, construction, renovation or overhaul of self-owned houses within the prescribed period and the purpose of the house is residential (except villas), which shall be determined in accordance with the "Purchase Contract" or the real estate certificate.

4. The applicant and his/her spouse have no bad credit records in the Housing Provident Fund Management Center and the Central Bank Credit Information System within two years.

5. The employee’s family members (including the applicant, spouse and future The number of housing units and the number of housing provident fund loans for adult children (the same below) meet the conditions for "House Subscription and Loan Subscription". "Recognized house" refers to the number of housing units in Sanya City, and "subscribed loan" refers to the number of housing provident fund loans (including housing provident fund loan records stated in personal credit reports or deposit certificates).

6. Have a house approved by the Housing Provident Fund Management Center as a mortgage.

7. Those who have applied for a commercial personal housing loan to be transferred to a housing provident fund loan should comply with the housing provident fund loan conditions and relevant regulations.

8. A down payment of no less than the statutory ratio has been paid. If the employee needs to apply for a combination loan at the same time, the higher down payment ratio of the Provident Fund Center or the bank shall prevail.

2. Sanya provident fund loan materials

(1) Proof of housing provident fund payment of the applicant and spouse;

(2) Identity certificate of the applicant and spouse ( Refers to resident ID card, permanent residence booklet and other valid residence documents), proof of marital status;

(3) Proof of stable family economic income and other proofs of claims and debts that have an impact on repayment ability;